HOSE liquidity up 74 percent in 2017Liquidity at the Ho Chi Minh City Stock Exchange (HOSE) has risen, with more than 192 million shares worth 4.2 trillion VND (186.7 million USD) being traded daily in 2017, up 49 percent in volume and 74 percent in value year-on-year. In its annual report, HOSE said its 2017 revenue surged 68 percent to 828 billion VND, from professional activities (89 percent), services (6 percent) and financial activities (5 percent). The bourse contributed 390 billion VND to the State budget, up 108 percent annually. Increasing foreign capital flows also poured into Vietnam with 26.4 trillion VND for purchase of 14.46 million shares. The bourse also launched nine auctions for equitisation and 23 divestments from State-owned enterprises, collecting roughly 123 trillion VND for the State budget.-VNA

Source: VietNamNet News May 10, 2018 08:37 UTC